Regulation & Compliance
Derivatives Are Returning, With a Makeover
Derivatives that helped inflate the 2007 credit bubble are being remade for a new generation. JPMorgan Chase & Co. is offering a swap contract tied to a speculative-grade loan index that makes it ...
More U.S. Securities Class Actions Involve High-Frequency Trading
Investors have wasted no time making high-frequency trading, the subject of Michael Lewis' recent best-selling book "Flash Boys: A Wall Street Revolt," a focus of securities class-action litigation, ...
The Hidden Cost of Standing Still: Legacy Platforms Slow Growth and Halt the Shift to AI-Enabled Insurance Business
Presented by Majesco
There is a hidden disease that is killing insurers — the disease of legacy technology. The problem is a matter...
Are Riskier Moves Ahead As P/C Insurers Strategize Investment Mixes?
Property/casualty insurers in the U.S. have enjoyed favorable investment returns in recent years, fueled by investment gains from declining interest rates and equity market advances. However, future ...
Fairfax Discloses Probe of CEO Watsa for Possible Insider Trading
Fairfax Financial Holdings Ltd. said Quebec's securities regulator is investigating Chief Executive Officer Prem Watsa and President Paul Rivett as part of a probe into possible insider trading. The ...
Lloyd’s, AIG Executives Added to Federal Insurance Advisory Committee
Top executives from Lloyd's of London, AIG, Prudential Financial Inc. Marsh & McClennan Companies and General Re Corp. are among 21 new appointees to the Federal Advisory Committee on Insurance. ...
UnitedHealth’s $173M Fine May Be a Warning to P/C Insurers
A decision by California Insurance Commissioner Dave Jones to fine UnitedHealth Group $173.6 million for violations having to do with the Unfair Business Practices Act, the Unfair Insurance Practices ...
What Rating Agencies Really Want to Know About Your Catastrophe Risk
Preparing effective rating agency presentations is important to most companies, but when it comes to articulating catastrophe risk and large loss potential, there can be a disconnect between what ...
Senate Panel to Consider ‘Too Big to Fail’ Report
A U.S. Senate panel will meet next Thursday to discuss results of a much anticipated government study that looked at whether the biggest banks can borrow at lower interest rates because investors ...